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New focus and acquired cement projects

OTCBB Symbol: SLVV
RENO, NV, Jan. 21 /CNW/ - Infrastructure Materials Corp. (formerly Silver
Reserve Corp.) is pleased to announce its accomplishments in its redirected
vision to acquire and develop cement grade limestone projects in the South
Western United States, to potentially serve future demand in the Nevada and
California cement markets.
Since mid November 2008, the Company has assembled cement grade limestone
projects in 8 claim groups totalling 1227 claims and has leased mineral rights
on private land covering 4480 net acres that is contiguous with one of the
claims group. Our objective is to control substantially all of the potential
cement grade limestone deposits in this area of the United States, if
possible. We believe the South Western geographic area of the United States
has the largest shortfall in cement production and that this shortfall will
grow as major infrastructure projects come on line. Our 8 limestone projects
are all in key locations that have transportation infrastructure capable of
supplying markets in Salt Lake City, Reno, Las Vegas and all major cities in
California.
Infrastructure Materials' strategic redirection toward cement grade
limestone properties in the Western United States is based on two conditions.
The first condition is the age and deterioration of much of the immense
infrastructure in the United States. The US economy enjoys the benefit of an
extraordinary infrastructure with more than 500 primary airports, 3.9 million
miles of public roads including nearly 43,000 miles of interstate highway and
594,470 bridges. In 2005, the American Society of Civil Engineers estimated
that $1.6 trillion was needed over five years to bring just the existing
infrastructure into good repair. In January 2008, a National Commission on
Transport recommended that the government invest at least $255 billion each
year for the next 50 years in an effort to remedy infrastructure issues.
Management believes that if the United States is to continue benefiting from
this infrastructure demand for cement will rise.
The second condition is that the Obama Administration is looking to
infrastructure spending as an economic stimulus. Studies show that each dollar
invested in infrastructure may generate as much as $1.80 of GDP in the near
term and support significant job creation. President Barack Obama has recently
pledged to create a National Infrastructure Reinvestment Bank, financed with
$60 billion in federal funds over the next 10 years. He has also pledged to
create 2.5 million new jobs to build new roads, bridges and modern schools by
2011 and spoke to the development of a $25 billion "Jobs and Growth Fund" to
assist road and bridge maintenance. It is expected that this economic stimulus
will multiply into almost half a trillion dollars of additional infrastructure
spending throughout the United States. In addition, on December 8, 2008, the
US Conference of Mayors released a report detailing 11,291 infrastructure
projects in 427 cities that they wish to see funded as part of the federal
stimulus in the next two years. In sum, the cities estimated that for the
price of $73 billion, their projects could create 850,000 jobs. The cities
with the highest dollar value requests included Sacramento, Los Angeles, and
San Francisco, large markets believed to be within reach of the Company's
newly acquired limestone properties at such time as we put these properties in
production.
Infrastructure Materials Corp. (formerly known as Silver Reserve Corp.)
is an exploration stage mining company that is directing its attention to the
development of cement grade limestone deposits with the focus to bring them to
feasibility. We have two wholly owned subsidiaries, one holding the limestone
projects in Idaho and Nevada and the other our 15 silver/ base metal projects
in the State of Nevada.
FORWARD-LOOKING STATEMENTS: This news release contains certain
"forward-looking statements" within the meaning of U.S. securities laws
Forward-looking statements are frequently characterized by words such as
"plan," "expect," "project," "intend," "believe," "anticipate," "estimate" and
other similar words or statements to the effect that certain events or
conditions "may", "have" or "will" occur. This release also contains
statements based upon historical records pertaining to our mineral claims that
have not been verified by the Company. The term, "resource" is not a term that
is recognized by SEC guidelines and does not rise to the level of certainty
required by SEC guidelines. Forward-looking statements or references to
historical records are based on the material in our possession, opinions and
estimates of management at the date the statements are made, and are subject
to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially from those stated or projected
in the this press release. The Company undertakes no obligation to update
forward-looking statements or historical information. The reader is cautioned
not to place undue reliance on forward-looking statements.